Carlin: Wall Street Owns Washington

Teenager becomes first person arrested under new anti-gossip law

A 16-year-old pupil at a school in west China has become the first person arrested under the country’s draconian new anti-gossip law.

Last week, China’s Supreme Court warned that anyone spreading a rumour on the internet faces three years in prison if more than 5,000 people see it, or if it gets reposted more than 500 times.

“Society has demanded serious punishment for […] using the internet to spread rumours and defame […]

World Economic Collapse Explained in 3 Minutes

Do market conditions in the world justify the present stock market? I think not. It is just more betting on an expanding bubble like it will not burst on their bet. The EU nations are in the longest recession in their history and there is no end in sight. Japan is in recession and has not had any growth in almost two decades. Greece has 30 percent unemployment and they […]

Chinese scientists create a new flu viruses that nobody wants

Was created a flu virus with mortality and transmission extremely high. Obtained from experiments in mice, results from the combination of the avian influenza virus H5N1 and swine H1N1. A laboratory in Harbin, north-west China, “live” now a virus that, hopefully, will never get out of there: combines the strength of the lethal H5N1 avian flu outbreak of 2003, with ease of transmission of H1N1, responsible The 2009 flu. The […]

China Fears End of the World is Nigh

China is taking the date of December 21 – the day the world is due to end – seriously, with panic buying of candles sweeping through counties. Malcolm Moore reports.

China’s most famous book of prophecies, the 7th century Tui Bei Tu, makes no direct mention of the end of the world.

But in Sichuan province, panic buying of candles has swept through two counties in the fear that an ancient Mayan […]

Are Chinese Banks Hiding “The Mother of All Debt Bombs”?

Financial collapses may have different immediate triggers, but they all originate from the same cause: an explosion of credit.  This iron law of financial calamity should make us very worried about the consequences of easy credit in China in recent years.  From the beginning of 2009 to the end of June this year, Chinese banks have issued roughly 35 trillion yuan ($5.4 trillion) in new loans, equal to 73 percent […]

Are Chinese Banks Hiding “The Mother Of All Debt Bombs?”

China’s massive bank financed stimulus was intended to keep the economy moving. It may instead lead to economic disaster.

Financial collapses may have different immediate triggers, but they all originate from the same cause: an explosion of credit.  This iron law of financial calamity should make us very worried about the consequences of easy credit in China in recent years.

From the beginning of 2009 to the end of June this year, Chinese banks […]

Rockefeller Foundation Predicts 13,000 Dead at London 2012 Olympics

James Britpod
Infowars.com
June 7, 2012

A 2010 Rockefeller Foundation document entitled “Scenarios for the Future of Technology and International Development” outlines a scenario which results in the death of 13,000 during the 2012 Olympics.

The first worrying prediction begins in 2012 when ‘the pandemic the world had been anticipating for years’, finally hits, infecting nearly 20 percent of world population and claiming 8 million lives. Due to this pandemic, the Rockefeller Foundation outlines how the […]

Warning! A crash is dead ahead: History proves nations collapse suddenly, rapidly, terminal; The European Union is at the edge. “In the realm of power … you’re fine until you’re not fine—and when you’re not fine, you’re suddenly in a terrifying death spiral.” Suddenly. Rapidly. Terminal. — Ferguson

By Paul B. Farrell, MarketWatch

Image: Wikimedia

SAN LUIS OBISPO, Calif.  — “Let’s rrrummmmble!” China vs America. Imagine Caesars Palace. Fight night. New announcer. Harvard financial historian Niall Ferguson subs for Michael Buffer, iconic Vegas fight announcer, famous for his signature “Let’s get ready to rumble.” Trump signed him exclusively. Sugar Ray Leonard said, “When Buffer introduces a fighter, it makes him want to fight.”

OK, fight fans, […]

Some Solutions To Consider To Restart Growth

by Jason Rines

1) Alan Greenspan in the 1990’s saw a rapid formation of savings (glut as he called it) between WWII Gen and Boomers. As people get older they prepare for retirement. America and most of the West, China face aging population imbalance.

2) The Dot.com and Housing bubbles (lowered interest rates) were a method to encourage the continued rate of consumption and steering savings […]

The West is stagnating and its productive economy is shrinking.

The effective purchasing power of the Western middle classes, when measured against real stores of value, is declining. Bad Debt, fake currencies and corrupt, collectivist Regimes are slowly suffocating the West.

China is increasingly reliant on a massive real estate bubble, bad debt and resource imperialism to propel growth even as it fails to innovate, expand freedom and address its fatal demographic imbalances and its impending but inexorable working population decline. […]